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Engineering Pakistan, Steel Sector of Pakistan
Pakistan Business Delegation
Visit India Steel Industry
August 18-23, 2005
India

Suggestions of Delegation
  • Focused research and development activities in collaboration with Indian experts
  • Removing import duties on plant machinery and spares from India
  • Financial needs to be addressed by the banks
  • Management of Mineral Resources
  • Beneficiation of low grade Indigenous Iron ore
  • Promote private public partnership in Steel sector
  • Development of Human capital
  • Committee of technical experts should be formed to study indigenous raw materials
  • Benchmarking studies, Countries using low grade Iron Ore e.g. China , Germany , Mexico etc
  • Constitution of a coordination committee having members from both private sector and government
  • Consider establishment of Pilot project of DRI
  • As the Chinese are using Iron Ore with the properties similar to that of Pakistani Ore, a visit of to Chinese Steel industry may also be arranged
  • Import of upgrdation equipment and accessories for Re-rolling Mills, Arc Furnaces, DRI plants etc should be allowed from India

Board of Governors appreciated one and a half year performance of EDB. Currently 1500 foundries are operating in the country – CEO addressed the International Foundry Conference. During the International Foundry Conference CEO emphasized on the importance of internships/trainings for students.Five years tariff plan given in AIDP will help the Industry to make long term investment – CEO addressed the workshop on AIDP. EDB to take delegation to metal working show – EMO 2007 to Hannover in September 2007. Minister Jahangir Khan Tareen formed committee of OVMs & EDB officials to solve differences on tariff given in AIDP. JICA advised Pakistan to focus on high value manufacturing. Pak Industrial sector grows at 10.9 percent during the first quarter of current financial year. MIDEST 2006 and Euromold 2006, the leading international trade shows opened new avenues for Pakistan’s engineering sector  Youth Business International Mentor’s Program of Prince Charles started its operations in Pakistan.

 

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